Investment Properties for sale in Reading

View the "FREEHOLD INVESTMENT PROPERTY - READING, BERKS" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.
 

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Y. MacGregor (Nov 2017)
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Freehold Price: £795,000
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Business Description
FOR SALE - VALUABLE FREEHOLD INVESTMENT

A commanding property prominently sited on a busy main road some ½ mile west from Reading Town Centre, Berkshire.

Ground Floor:-

Shop / Training Centre (circa 1,035sq.ft.). Ladies, Gents & Disabled Cloakroom. Let on a rolling 3 year lease to Charity Group (£11,250 p.a.)

First Floor:-

A. Self-Contained One Bed Flat. Let on an Assured Shorthold Tenancy @ £820pcm (£9,840 p.a.

B. Two Office / Store Room with potential for conversion to Studio Flat subject to P/P (potential rent £6,900 p.a.)

Second Floor:-

Self-Contained One Bed Flat. Let on an Assured Shorthold Tenancy @ £820pcm (£9,840 p.a.)

Third Floor:-

Self-Contained One Bed Flat. Let on an Assured Shorthold Tenancy @ £795pcm (£9,540 p.a.)

TOTAL (ACTUAL + POTENTIAL) GROSS INCOME:- £47,370 P.A.

PRICE:- £795,000 FREEHOLD
Tenure: Freehold

Location Details:
Prominently sited on a busy main road some ½ mile west from Reading Town Centre, Berkshire

Listed by: A H LANSLEY

Find out more about this business opportunity.

 
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DR.1461
Seller Reference:
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